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Featured Articles: GEMS of the Week
Category: Corporate Earnings
The news items published under this category are as follows.
Tuesday, October 28, 2008
Wolfe Wave Corporate Earnings Contraction Well Underway / Stock-Markets / Corporate Earnings
By: Ty_Andros
We are nearing the first crescendo of the unfolding Crack-up Boom. As outlined in the 2008 outlook entitled “Wolf Wave, aka Thrill ride” the markets are set to experience an emotional and financial EXPLOSION. A coming explosion outlined many times since the April 2007 Tedbits “Fingers of Instability” series first identified the WOLFE wave. Those predictions have since materialized in a grander manner then I ever could have anticipated. Read full article... Read full article...
Monday, October 27, 2008
Economic Data and Corporate Earnings Signaling Global Recession? / Economics / Corporate Earnings
By: Money_Morning
William Patalon III writes: It's beginning to sound like a broken record. In a nutshell, we already know that the economic data should be weak. We already know that the earnings reports should be disappointing. And because we already know all this, the information should be built into stock prices. The earnings releases should be soft. That much should already be known – and built into the markets.Read full article... Read full article...
Tuesday, September 30, 2008
Valuing Cyclical Companies by Using the Price/Sales Ratio / InvestorEducation / Corporate Earnings
By: James_Foye
The price/sales multiples is one of the most often quoted investment valuation ratios. Even the legendary James O'Shaughnessy is not immune to the ratio's charms; he even went as far as to call it “the king of the value factors”. I've always found the ratio's popularity strange as the measure is dangerously flawed.Read full article... Read full article...
Monday, August 04, 2008
Get Ready for the Corporate Earnings Meltdown / Companies / Corporate Earnings
By: Mike_Stathis
I'm not talking about the banks or even the retailers. We all know they will continue to slide. I'm talking about everything else. With no real median wage growth since 1999, and soaring inflation for gas, food and healthcare, it's obvious consumers have had much less to spend. Not only has that hurt savings rates (including retirement contributions) but it's also affected consumer spending. But don't expect things to get better by Fall. In fact, I'm expecting the earnings meltdown to begin for much of the remaining sectors in the S&P 500.Read full article... Read full article...
Tuesday, July 29, 2008
Contracting S&P 500 Corporate Earnings Confirm US Recession / Economics / Corporate Earnings
By: Paul_L_Kasriel
Are we in a recession or are we not? The debate goes on. Take a look at the year-over-year change in operating profits of the S&P 500 corporations (see Chart 1). Profits have declined for three consecutive quarters through the first quarter of this year. Given reports of second-quarter profits to date and estimates of those corporate profits to be reported, it is a good bet that year-over-year profits will be down for four consecutive quarters. Read full article... Read full article...
Saturday, July 26, 2008
Stocks Bear Market Fed by Falling Earnings Expectations / Stock-Markets / Corporate Earnings
By: John_Mauldin
- Earnings and Mr. Bear
- Earnings Before Bad Stuff
- How Ugly Can it Get?
- A Lean Mean Reversion Machine
- Some Thoughts on Energy
"The stock market is a voting machine in the short run and a weighing machine in the long run." - Benjamin Graham
The voting part of the equation is tempered by fear and greed. It is largely emotional, although investors like to think of themselves as rational players. That emotion is driven by views of the future. If you can be confident of large and growing returns, you are less likely to be swayed by the erratic movements of a stock. But as confidence wanes? Well, that is the stuff that bear markets are made of.
Read full article... Read full article...
Thursday, July 24, 2008
Cash Rich Non-US Companies Trading in the US / Companies / Corporate Earnings
By: Richard_Shaw
In this time of difficult credit conditions, it could make sense to evaluate companies with plenty of cash. One way to measure cash is to subtract all liabilities and see if there is any cash left (Net Cash).
If a company has Net Cash, they could pay off any and all debts and other reported liabilities, and have money left over.
Read full article... Read full article...
Monday, July 21, 2008
Investors Look to Earnings Season for Stock Market Trend / Companies / Corporate Earnings
By: Money_Morning
William Patalon III writes:Earnings season will plug along this week as reports from several banks provide the latest insight into how well the beleaguered financial-services sector is weathering the global credit-crisis storm.
Among the earnings season headlines: Bank of America Corp. ( BAC ) will be issuing its final earnings report of the pre- Countrywide Financial Corp. (CFC) merger era and investors hope that Wachovia Corp. ( WB ) follows in the recent footsteps of Citigroup Inc. ( C ) and JP Morgan's Chase & Co. ( JPM ), the latter two of which both provided better-than-expected (though certainly negative) results.
Read full article... Read full article...
Monday, July 07, 2008
Earnings Season Again, Watch the Multinationals for Stock Market Trend / Companies / Corporate Earnings
By: William_Patalon_III
Can it be earnings season already?
It sure is, but don't expect too much. With its report tomorrow (Tuesday), Alcoa Inc. ( AA ) leads off what is expected to be a pretty dismal series of profit reports. Thomson Reuters now estimates that second-quarter earnings declined by 11.1%, which is significantly worse than the projected 2% decline that was made back in April.
Read full article... Read full article...
Wednesday, July 02, 2008
Marks & Spencer Shares Crash on Real Retail Sales Slump / Companies / Corporate Earnings
By: Nadeem_Walayat
Marks & Spencer's share price crashed by 25% today following announcement of a sharp drop in sales of 5.3% for the second quarter. The slump in sales translates into a sharp fall in profits for the same period that defies the retail sales statistics released for May 2008. M&S earnings could fall by as much as 1/3rd for the current financial year on existing expectations of £900 million, as consumers continue to cut back on spending in the face of loss of household equity, increased debt servicing costs and higher energy and food costs.Read full article... Read full article...
Wednesday, June 25, 2008
Wallstreet Cheerleaders Will Eventually Face Reality / Stock-Markets / Corporate Earnings
By: John_Browne
When listening to the typical, television-based, Wall Street cheerleader work themselves up into a bull market frenzy, one is tempted to wonder if they ever bother to compare the movie that is rolling along in their heads to the one that is occurring in the outside world. Perhaps for those living in a media bubble, the only reality that matters is the one reflected in the camera lens.Read full article... Read full article...
Monday, May 05, 2008
Final Verdict on First Quarter Earnings Season / Companies / Corporate Earnings
By: William_Patalon_III
With earnings season starting to wind down, investors are not anticipating many new surprises. Still, a few prominent players are set to report this week led by The Walt Disney Co. ( DIS ) (entertainment), Cisco Systems Inc. ( CSCO ) (tech), and American International Group Inc. ( AIG ) (financial services).
The Microsoft Corp. ( MSFT ) / Yahoo Inc. ( YHOO ) (and occasionally Google Inc. ( GOOG ) ) soap opera will be worth watching - if only to make sure that Microsoft's withdrawal isn't a cover ploy for a hostile run at Yahoo [ For a related news story in this issue of Money Morning that details Microsoft's decision drop its pursuit of Yahoo , please click here ].
Read full article... Read full article...
Tuesday, April 22, 2008
Earnings Reports Contain Interesting and Troubling Economic Messages / Companies / Corporate Earnings
By: John_Browne
Last week, as the corporate “earnings season” got underway and some 30 percent of S&P 500 firms reported their results from the first quarter of 2008, investors seized on any shred of positive news in the first wave of reports and sent share prices surging.
Looking beyond this first blush euphoria, the reports do contain some very interesting, and troubling, economic messages.
Read full article... Read full article...
Tuesday, April 15, 2008
The "Real" US Economy / Economics / Corporate Earnings
By: Paul_J_Nolte
Everything was looking good until Friday. Instead of bringing good things to light, they turned out the lights on the nascent market rally and put everyone back on their heels. The GE report came after the government reported the trade deficit worsened the day before – without much fanfare. However, in our view the worsening trade deficit takes out one of the few remaining legs supporting the large multi-national companies, specifically that while domestic sales are down, the foreign sales should carry the day.Read full article... Read full article...
Tuesday, April 15, 2008
Two Important Lessons from GE's Earnings Drop / Companies / Corporate Earnings
By: Money_and_Markets
Tony Sagami writes: In 1896, General Electric was one of the original 12 companies listed on the newly-formed Dow Jones Industrial Average. After 112 years, GE is the only original company remaining in the Dow.
So when one of America's most respected — and largest — companies announced that their quarterly profits fell well short of expectations ... and warned that the rest of 2008 wasn't looking so hot ... I perked up.
Read full article... Read full article...
